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212 Sebastian, and Sanches, authorising them to navigate the eastern, western, and northern seas, under the English flag, with five ships, and as many men as they should judge proper, at their own sole costs and charges, to discover the countries of gentiles or infidels, in whatever part of the world situated, which had hitherto been unknown to all Christians; "with power to them, or any of them," continued the patent, "to set up our banners in any town, castle, island, or continent, of the countries so to be discovered by them; and such of the said towns, castles, or islands, so found out and subdued by them, to occupy and possess, as our vassals, governors, lieutenants, and deputies; the dominion, title, and jurisdiction thereof, and of the terra firma or continent so found out, remaining to us." Henry characteristically added a provision to the effect, that, out of the profits of their discoveries under this charter, the Cabots should be obliged to pay to him, after each voyage, one-fifth part, either in merchandise or in money. He is, therefore, entitled to very little credit for having promoted this expedition, in regard to which he merely interfered to secure to himself the lion's share in the results, without having contributed anything to the expense of the outfit. The Cabots—at least the father and his second son, Sebastian, the most scientific and enterprising of the family, although at this time only in his nineteenth year—sailed from Bristol in the beginning of May, 1497, in a ship of their own, called the Matthew; "with whom," according to Bacon, "ventured also three small ships of London merchants, fraught with some gross and slight wares, fit for commerce with barbarous people." On the 24th of June, they discovered what they supposed to be an island, but what appears to have been the coast of Labrador, in about latitude 56°. From this point they are said to have sailed northwards—in the hope of finding a passage to India or China—as far as latitude 67½°. Then, from an entry under date of 10th August, 1497, in the privy-purse expenses of Henry VII., of a donation of 10l., "to him that found the new isle," it is conjectured that the Cabots immediately returned to England. To the